DTCC Brings Tokenization Service to Solana in 2027
DTCC wants to tokenize stocks, ETFs, and U.S. Treasuries on Solana through DTC. The rollout follows earlier launches on Canton Network and Besu.
Key Takeaways
- DTCC wants to expand its tokenization service to Solana in the second half of 2027.
- Through DTC, eligible stocks, ETFs, and U.S. Treasuries can be converted into blockchain tokens.
- Solana already has about $600 million in stock tokens and more than $11 billion in monthly transfer volume.
The Depository Trust & Clearing Corporation (DTCC) wants to expand its tokenization service to Solana in the second half of 2027. That would allow eligible stocks, exchange-traded funds, and U.S. Treasuries held at its subsidiary Depository Trust Company (DTC) to be converted into blockchain tokens on Solana.
What DTCC Actually Does
DTCC is one of the main infrastructure players behind U.S. securities trading. Through DTC, the company says it manages $114 trillion (€103 trillion) in securities for banks and brokerages. The new tokenization service already went live at the end of October on Canton Network and on DTCC's private blockchain Besu. Stellar and Circle's Arc are also planned for next year.
The move to Solana fits into a broader shift where traditional investment products are increasingly being placed on blockchain networks. DTCC says the tokenized securities will keep their existing ownership rights, investor protections, and regulatory safeguards.
Why Solana Stands Out Here
Solana already has a visible role in the tokenized stocks market. According to RWA.xyz, there is about $600 million (€541 million) in stock tokens on the network, putting Solana behind only BNB Chain and Ethereum. The network is also active in terms of transfer volume, with more than $11 billion (€9.9 billion) in tokens changing hands this month.
That makes Solana a logical network for DTCC to keep testing how tokenized assets can work in practice. The combination of a major Wall Street player and a public blockchain network shows how far the link between traditional markets and blockchain has come, while moving even closer to existing financial infrastructure.
Why This Matters for European Readers
For European crypto and market watchers, this is especially relevant because it shows how far the link between traditional markets and blockchain has come. If a player like DTCC rolls out its infrastructure across multiple chains, that could also affect how institutions around the world view tokenized assets. It does not yet say anything about direct access for European investors, but it does show the direction the market is moving in.